S&P 500 IndexShort
SPX500 - Bearish
Watching the price action on a 15 minute chart, I have detected the formation of a Shoulder-Head-Shoulder (HSH) pattern. This technical pattern is commonly used to identify a potential bearish reversal in the market. For this reason, I believe that it could be a good time to sell the asset in question. It is important to take into account other factors and make a complete analysis before making any investment decision.
This is not a signal or a condition to be forced to trade, it is an educational analysis
This is not a signal or a condition to be forced to trade, it is an educational analysis
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.